Rates & Fees
Low Fee
Interest rates
The interest rate for the Low Fee card is 19.99% p.a. on purchases and 20.74% p.a. on cash advances.
Fees & charges
No annual fee for Commonwealth Bank customers who take up a new Low Fee credit card and spend $1000 or more per year.
Non Commonwealth Bank customers
$24 Annual Fee
Other fees and charges may be applicable
Balance transfer
Once approved, transfer the balance of any Australian-issued credit card or store card to your Low Fee credit card. You'll have just one bill to manage each month and pay just 5.99% on balance transfers for the first five months.
Interest-free period
Up to 55 days interest free on purchases. The interest-free period also applies to most bill payments. It does not apply to cash withdrawals.
Need assistance?
Have you considered?
About your credit card
- Existing cardholders
- Card Repayment Cover
- Commonwealth Awards
- Increase your credit card limit
- Transfer the balance
- Using a pen or PIN
- Card security
- Lost or stolen cards
- Using your card overseas
- Important information
Tools & calculators
Rates & fees
How to apply
- Email for assistance
- Call 1800 006 709
- Find a branch
- Print an application
- Finish a saved application
- Email us
- Security & privacy
- Acceptance of Important Notices
Did you Know?
You can transfer the balance of an existing non-Commonwealth Bank credit card and save.
